TAP Consulting LLC Has $5.48 Million Holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

TAP Consulting LLC decreased its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 1.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 108,702 shares of the company’s stock after selling 1,748 shares during the quarter. JPMorgan Ultra-Short Income ETF accounts for approximately 1.1% of TAP Consulting LLC’s investment portfolio, making the stock its 26th largest position. TAP Consulting LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $5,475,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the stock. Moloney Securities Asset Management LLC lifted its stake in JPMorgan Ultra-Short Income ETF by 1.6% in the 4th quarter. Moloney Securities Asset Management LLC now owns 14,662 shares of the company’s stock valued at $739,000 after purchasing an additional 224 shares during the last quarter. Linscomb Wealth Inc. lifted its stake in shares of JPMorgan Ultra-Short Income ETF by 3.1% in the 4th quarter. Linscomb Wealth Inc. now owns 8,026 shares of the company’s stock valued at $404,000 after acquiring an additional 241 shares during the last quarter. Eastern Bank boosted its holdings in shares of JPMorgan Ultra-Short Income ETF by 95.1% during the 4th quarter. Eastern Bank now owns 513 shares of the company’s stock valued at $26,000 after acquiring an additional 250 shares in the last quarter. SteelPeak Wealth LLC grew its position in JPMorgan Ultra-Short Income ETF by 4.2% during the 4th quarter. SteelPeak Wealth LLC now owns 6,394 shares of the company’s stock worth $323,000 after acquiring an additional 260 shares during the last quarter. Finally, Edgestream Partners L.P. increased its holdings in JPMorgan Ultra-Short Income ETF by 0.6% in the 3rd quarter. Edgestream Partners L.P. now owns 47,521 shares of the company’s stock worth $2,411,000 after purchasing an additional 262 shares in the last quarter.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of JPST stock opened at $50.57 on Thursday. The business’s 50-day moving average price is $50.51 and its 200-day moving average price is $50.52. JPMorgan Ultra-Short Income ETF has a 12 month low of $50.20 and a 12 month high of $50.75.

About JPMorgan Ultra-Short Income ETF

The JPMorgan Ultra-Short Income ETF (JPST) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that aims to maximize income and preserve capital using USD-denominated debt securities with an effective duration of one year or less. JPST was launched on May 17, 2017 and is managed by JPMorgan Chase.